
Senior Manager
1 week ago
Job Title: Senior Manager – Payroll, Compensation and Benefits
Department: Human Resources
Location: Mumbai / Hyderabad
Reports To: HR Director
Type: Full-Time
Job Summary:
The Senior Manager – Payroll, Compensation, and Benefits is responsible for overseeing the end-to-end payroll process, designing and managing competitive compensation structures, and administering employee benefits programs. This role ensures regulatory compliance, data accuracy, and alignment of total rewards strategies with the organization's objectives.
Key Responsibilities:
Payroll Management
- Supervise and ensure accurate, timely processing of payroll for all employees across locations.
- Ensure compliance with statutory requirements (PF, ESI, PT, Income Tax, etc.).
- Partner with Finance to reconcile payroll accounts and manage audits.
- Oversee payroll-related software and systems, recommending improvements as needed.
- Handle employee queries and resolve payroll discrepancies.
Compensation
- Design and manage competitive compensation structures including base pay, variable pay, and incentive plans.
- Lead annual compensation review processes (e.g., salary benchmarking, merit increases, bonuses).
- Analyze internal and external market trends to ensure competitive positioning.
- Partner with leadership to align compensation strategies with business goals.
- Develop compensation frameworks for new roles or business expansions.
Benefits Administration:
- Oversee administration of employee benefits including health insurance, wellness programs, retirement plans, etc.
- Manage vendor relationships for benefit providers and ensure high service levels.
- Lead benefits communication and education initiatives to improve employee engagement.
- Ensure compliance with benefits-related regulations and reporting.
Compliance & Reporting
- Maintain and ensure compliance with labor laws, tax regulations, and organizational policies.
- Prepare and present dashboards, analytics, and statutory reports to leadership and auditors.
- Ensure data privacy and security across all payroll and compensation processes.
Leadership & Strategy
- Lead, coach, and develop a team of payroll and C&B professionals.
- Collaborate with HR Business Partners, Finance, and Legal for aligned HR delivery.
- Drive continuous improvement in payroll and C&B processes and systems.
Qualifications:
- Bachelor's degree in HR, Finance, Business Administration or related field (Master's preferred).
- 10+ years of experience in HR with at least 5 years in payroll and C&B management roles.
- Strong knowledge of labor laws, tax regulations, and compensation practices.
- Proficiency with payroll software (SAP, Workday, ADP, etc.).
- Strong analytical skills and attention to detail.
- Excellent leadership, communication, and stakeholder management skills.
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